Chris Clark
Investing in Self Directed/Real Estate IRA?
I'm interested in hearing about pros and cons from people that have acquired investment properties through an IRA, solo 401K, etc...I'd appreciate any referrals to Real Estate IRA custodians that you work with.
Tha...
Lawrence Pearson
Should we take his advice seriously
I am at a crossroads about David Ramsey. Am I the only one or do I see him as arrogant, and does his method of cash of king seem like and awful method. I look at his youtube videos and I just dont want to doubt him an...
Brody Veilleux
Using FHA 203k and DSCR refinancing
My house hacking plan is to get a distressed MFH using a FHA 203k loan with about 3.5-5% down, and fix up the property to increase my equity. I will have enough reserves to cover the holding costs as well as some left...
Jimmy Wen
Is it necessary to set up separate bank accounts?
Hi all,After a year of studying and hesitation (I will admit that), I finally pulled the trigger and got a duplex under contract! This will be my very first investment property!Here is a quick question: do you create ...
Account Closed
Where to get the last $40K
Hi All,Would appreciate any advice on the following.I own a property (live in + rental) and would like to buy a second in January (investment property - most likely a triplex). The second property is not a commercial ...
Natalie Wells
Investing with your 401k
We have a decent amount of money in my husband's 401k (around 100k, maybe a little more). My question is, have any of you taken money out of your 401k and taken the tax hit (which I believe is around 25-30%, possibly ...
Nicole P.
SD IRA & Rollover IRA
What is the difference between a self-directed IRA and a rollover IRA account?I currently have a rollover IRA account. Can I invest in real estate directly with this account?
Trevor Reilly
My thoughts on Limitless Funding/Limitless Lyfestyles
I recently started the process with Limitless Funding and after doing some due diligence after the initial call decided to not follow through with their service offering. I am going to state my reasons why just in cas...
Robert Carpenter
Private money loan contingencies
Suppose you borrow private money for a deal and the deal goes bust. Now with a bank mortgage there in normally a 'deficiency clause' allowing the bank to try to seize other assets you may have if the foreclosure proce...
Nalo Coban
Is this a good start???
1-open bank acct for LLC
2- take out personal loan and put funds in LLC bank acct
3-use private money lender to fund 90% of purchase&rehab (no pymts for 90days)
4-rehab, flip in 60-90days
...